Inc (TRLG) Share Explanation Accurate Faith Clothing, Inc. (referred in order to with this Yearly Statement upon Type 10-K because "the Organization, inch "our, inch "we, inch or even "True Religion") was initially integrated within The state of nevada within 2001 underneath the title Gusana Research Inc. Within 06 associated with 2003, the Organization obtained Expert Denim, Inc. (Guru Denim), a personal, Ca company. Following a purchase associated with Expert Denim, all of us transformed the title in order to Accurate Faith Clothing, Inc. as well as reincorporated within Delaware within 2005. All of us presently style, marketplace, deliver, as well as market clothing underneath the brand "True Faith Manufacturer Jeans" in order to fashion-conscious customers upon 6 continents, such as The united states, European countries, Asian countries, Sydney, The african continent as well as South usa. All of us look for to become a pattern environment innovator within the style, advertising, submission as well as purchase associated with style denim jeans as well as associated sportswear clothing. The items could be classified because denim, knit as well as non-denim, and many are available in 'tops' as well as 'bottoms'. Knit designs consist of hoodies, t-shirts as well as sweats, as well as non-denim materials consist of corduroy as well as twill. Covers vary from t shirts in order to overcoats, as well as underside include trousers, pants as well as dresses. At wholesale prices, Worldwide, Customer Immediate along with other, which include licensing exercise. The Customer Immediate section includes top quality stores as well as e-commerce product sales. The company sections reveal item style, production as well as advertising assets. At wholesale prices as well as Worldwide sections through work from business industry events as well as through getting into product sales company or even submission contracts along with impartial brokers, all of who is actually given privileges to promote as well as market the items inside a described marketplace or even place. We now have contracts along with worldwide marketers as well as sales people addressing a lot more than 50 nations upon 6 continents. The items can be purchased in the usa within top nationwide high quality shops, such as Bloomingdale's, Neiman Marcus, Nordstrom, Saks 5th Method, as well as within around nine hundred shop as well as niche shops. telemarketer, L'Atelier, provides the selections from their own showrooms within La as well as Ny. Via the system associated with worldwide marketers as well as sales people, the items can be purchased worldwide from shops as well as niche shops within main metropolitan areas all through The african continent, Asian countries, Sydney, European countries, the center Eastern as well as South usa. All of us additionally market the items via the Customer Immediate department within our personal top quality stores as well as via the Accurate Faith Manufacturer Denim jeans web site, that is run for all of us through a 3rd party. Because 2003, the brand has turned into a acquainted title within high quality denim as well as clothing. All of us think the effectiveness of the real Faith brand as well as picture arrives primarily to the increased exposure of looking for revolutionary as well as special item styles which are a symbol of outstanding match, design particulars as well as high quality. All of us look for to become a good head within high quality way of life personalisation. The style viewpoint is actually considerably affected through the Ceo, Jeffrey Lubell. The primary items tend to be higher style skinny jeans within a multitude of designs that people style, marketplace, deliver as well as market underneath the Accurate Faith Manufacturer Denim jeans images. All of us presently market mens, ladies as well as children's designs. The items can be purchased in the usa as well as overseas via the top quality stores, trendy merchants, shops as well as niche shops. Along with skinny jeans, all of us G-Star Jeans Mens market corduroy trousers as well as overcoats, 100 % cotton, twill, bed linen as well as purple velvet trousers as well as overcoats, wool perspiration fits as well as hooded sweat shirts, dresses, knit t shirts, t-shirts, pants as well as sportswear with regard to males, ladies as well as kids. All of us plan to still expose brand new designs as well as design particulars within denim jeans as well as sportswear. Accurate Faith Manufacturer Denim jeans items are created along with top quality materials through america, Italia, as well as Asia which are lightly as well as normally older, hands completed as well as strongly sewn within several line colours. Even though all of us run inside a extremely aggressive marketplace, all of us look for to tell apart Accurate Faith Manufacturer Denim jeans items through putting an emphasis on exceptional match as well as distinctive design particulars. A number of our items are created to appear, really feel as well as match such as they've been possessed for a long time. All of us think that we now have the aggressive benefit within the describing from the style, the caliber of the actual material and also the brilliance from the match. Within 2007, all of us trademarked the Extremely Big-T stitch, the industry special line stitch procedure. The actual designs that people created by using this Extremely Big-T stitch had been a number of the greatest retailers within 2007 as well as 08. Within 08, launched brand new jean selections for example "XXX" as well as "Stealth, inch as well as all of us up-to-date current selections, for example presenting precious metal deposits towards the "Disco" selections. The 08 internet product sales classified through sex had been around the following: women-58%; men-38%; as well as kids-4%. The biggest item class when it comes to models offered within 08 had been denim underside, that paid for with regard to 76% associated with complete models offered. At wholesale prices section offers the items in order to top countrywide high quality shops, niche merchants as well as shops which have the actual picture as well as retailing knowledge that people need for that efficient demonstration in our items. Within 08, the items had been offered within Bloomingdale's, Neiman Marcus, Nordstrom as well as Saks 5th Method, as well as within around nine hundred niche merchants as well as shops. At wholesale prices section additionally offers earlier period or even extra products in order to off-price merchants. At wholesale prices section produced internet product sales associated with $153. two zillion, composed of 56. 8% in our complete internet product sales. All of us deliver the items via the Worldwide section in order to marketers as well as sales people that g star Womens Skinny market in order to trendy shops within their particular place as well as via the wholly-owned additional, Accurate Faith Asia, KK, that was created within the 2nd one fourth associated with 08. Via this particular system associated with worldwide marketers, sales people as well as the additional, the items are simply within main metropolitan areas all through The african continent, Asian countries, Sydney, European countries, the center Eastern, The united states as well as South usa. Within 08, 81% in our worldwide product sales had been designed to the 5 biggest marketers as well as by way of the additional within Asia. Within 08, the Worldwide section produced internet product sales associated with $40. 0 zillion, composed of fourteen. 8% in our complete internet product sales. The Customer Immediate section consists of the top quality stores as well as the e-commerce product sales. By Dec thirty-one, 08, all of us run forty two top quality stores. All of us additional 28 top quality stores within 08 as well as be prepared to include twenty five top quality stores last year. The top quality stores can be found throughout america in a number of trendy buying places ("street" areas, local department stores, along with a restricted quantity of electric outlet centers). The standard top quality store is actually around 1, six hundred sq . ft, whilst the top quality store positioned in a good electric outlet middle is actually around two, 500 sq . ft. The top quality stores display the entire selection of the top quality products such as certified items, within an atmosphere which stresses the distinctive "Malibu hippy-bohemian chic" picture with an considerable utilization of hand-hewn hickory pecan wooden. The e-commerce product sales are created via a third-party that gets product sales profits as a swap with regard to working the actual 'True Faith Manufacturer Jeans' web site, taking client purchases as well as satisfying client purchases using their submission middle, exactly where these people maintain the products upon consignment. Within 08, the Customer Immediate section produced internet product sales associated with $75. 3 zillion, composed of 28. 9% in our complete internet product sales. All of us selectively permit the brand as well as logo design to become incorporated upon items offered through others to improve as well as lengthen the real Faith Manufacturer Denim jeans manufacturer. Via licensing alliances, all of us mix the customer understanding, style, as well as advertising abilities using the particular item expertise in our licensing companions to produce, construct as well as increase the item choices in order to style mindful customers. All of us give the item licensees the best to style, produce as well as market from at wholesale prices specific types of items below the brand. We now have the best in order to say yes to or even disapprove the actual licensees' styles, items as well as at wholesale prices clients. Every licensing companion will pay all of us royalties based on it's at wholesale prices product sales associated with items which make use of the brand. Additionally, licensing companions might be asked to set aside some of the product sales income to market the items as well as reveal within the innovative expenses related to these items. The permit routinely have 3 12 months conditions and could give the actual licensee conditional restoration choices. All of us acknowledged $1. four zillion within vips income via the licensing company within 08. At the conclusion associated with 08, the certified products groups had been: shoes, scents, headwear, as well as swim wear.Inc (TRLG) Share Explanation Accurate Faith Clothing, Inc. (referred in order to with this Yearly Statement upon Type 10-K because "the Organization, inch "our, inch "we, inch or even "True Religion") was initially integrated within The state of nevada within 2001 underneath the title Gusana Research Inc. Within 06 associated with 2003, the Organization obtained Expert Denim, Inc. (Guru Denim), a personal, Ca company. Following a purchase associated with Expert Denim, all of us transformed the title in order to Accurate Faith Clothing, Inc. as well as reincorporated within Delaware within 2005. All of us presently style, marketplace, deliver, as well as market clothing underneath the brand "True Faith Manufacturer Jeans" in order to fashion-conscious customers upon 6 continents, such as The united states, European countries, Asian countries, Sydney, The african continent as well as South usa. All of us look for to become a pattern environment innovator within the style, advertising, submission as well as purchase associated with style denim jeans as well as associated sportswear clothing. The items could be classified because denim, knit as well as non-denim, and many are available in 'tops' as well as 'bottoms'. Knit designs consist of hoodies, t-shirts as well as sweats, as well as non-denim materials consist of corduroy as well as twill. Covers vary from t shirts in order to overcoats, as well as underside include trousers, pants as well as dresses. At wholesale prices, Worldwide, Customer Immediate along with other, which include licensing exercise. The Customer Immediate section includes top quality stores as well as e-commerce product sales. The company sections reveal item style, production as well as advertising assets. At wholesale prices as well as Worldwide sections through work from business industry events as well as through getting into product sales company or even submission contracts along with impartial brokers, all of who is actually given privileges to promote as well as market the items inside a described marketplace or even place. We now have contracts along with worldwide marketers as well as sales people addressing a lot more than 50 nations upon 6 continents. The items can be purchased in the usa within top nationwide high quality shops, such as Bloomingdale's, Neiman Marcus, Nordstrom, Saks 5th Method, as well as within around nine hundred shop as well as niche shops. telemarketer, L'Atelier, provides the selections from their own showrooms within La as well as Ny. Via the system associated with worldwide marketers as well as sales people, the items can be purchased worldwide from shops as well as niche shops within main metropolitan areas all through The african continent, Asian countries, Sydney, European countries, the center Eastern as well as South usa. All of us additionally market the items via the Customer Immediate department within our personal top quality stores as well as via the Accurate Faith Manufacturer Denim jeans web site, that is run for all of us through a 3rd party. Because 2003, the brand has turned into a acquainted title within high quality denim as well as clothing. All of us think the effectiveness of the real Faith brand as well as picture arrives primarily to the increased exposure of looking for revolutionary as well as special item styles which are a symbol of outstanding match, design particulars as well as high quality. All of us look for to become a good head within high quality way of life personalisation. The style viewpoint is actually considerably affected through the Ceo, Jeffrey Lubell. The primary items tend to be higher style skinny jeans within a multitude of designs that people style, marketplace, deliver as well as market underneath the Accurate Faith Manufacturer Denim jeans images. All of us presently market mens, ladies as well as children's designs. The items can be purchased in the usa as well as overseas via the top quality stores, trendy merchants, shops as well as niche shops. Along with skinny jeans, all of us market corduroy trousers as well as overcoats, 100 % cotton, twill, bed linen as well as purple velvet trousers as well as overcoats, wool perspiration fits as well as hooded sweat shirts, dresses, knit t shirts, t-shirts, pants as well as sportswear with regard to males, ladies as well as kids. All of us plan to still expose brand new designs as well as design particulars within denim jeans as well as sportswear. Accurate Faith Manufacturer Denim jeans items are created along with top quality materials through america, Italia, as well as Asia which are lightly as well as normally older, hands g star denim completed as well as strongly sewn within several line colours. Even though all of us run inside a extremely aggressive marketplace, all of us look for to tell apart Accurate Faith Manufacturer Denim jeans items through putting an emphasis on exceptional match as well as distinctive design particulars. A number of our items are created to appear, really feel as well as match such as they've been possessed for a long time. All of us think that we now have the aggressive benefit within the describing from the style, the caliber of the actual material and also the brilliance from the match. Within 2007, all of us trademarked the Extremely Big-T stitch, the industry special line stitch procedure. The actual designs that people created by using this Extremely Big-T stitch had been a number of the greatest retailers within 2007 as well as 08. Within 08, launched brand new jean selections for example "XXX" as well as "Stealth, inch as well as all of us up-to-date current selections, for example presenting precious metal deposits towards the "Disco" selections. The 08 internet product sales classified through sex had been around the following: women-58%; men-38%; as well as kids-4%. The biggest item class when it comes to models offered within 08 had been denim underside, that paid for with regard to 76% associated with complete models offered. At wholesale prices section offers the items in order to top countrywide high quality shops, niche merchants as well as shops which have the actual picture as well as retailing knowledge that people need for that efficient demonstration in our items. Within 08, the items had been offered within Bloomingdale's, Neiman Marcus, Nordstrom as well as Saks 5th Method, as well as within around nine hundred niche merchants as well as shops. At wholesale prices section additionally offers earlier period or even extra products in order to off-price merchants. At wholesale prices section produced internet product sales associated with $153. two zillion, composed of 56. 8% in our complete internet product sales. All of us deliver the items via the Worldwide section in order to marketers as well as sales people that market in order to trendy shops within their particular place as well as via the wholly-owned additional, Accurate Faith Asia, KK, that was created within the 2nd one fourth associated with 08. Via this particular system associated with worldwide marketers, sales people as well as the additional, the items are simply within main metropolitan areas all through The african continent, Asian countries, Sydney, European countries, the center Eastern, The united states as well as South usa. Within 08, 81% in our worldwide product sales had been designed to the 5 biggest marketers as well as by way of the additional within Asia. Within 08, the Worldwide section produced internet product sales associated with $40. 0 zillion, composed of fourteen. 8% in our complete internet product sales. The Customer Immediate section consists of the top quality stores as well as the e-commerce product sales. By Dec thirty-one, 08, all of us run forty two top quality stores. All of us additional 28 top quality stores within 08 as well as be prepared to include twenty five top quality stores last year. The top quality stores can be found throughout america in a number of trendy buying places ("street" areas, local department stores, along with a restricted quantity of electric outlet centers). The standard top quality store is actually around 1, six hundred sq . ft, whilst the top quality store positioned in a good electric outlet middle is actually around two, 500 sq . ft. The top quality stores display the entire selection of the top quality products such as certified items, within an atmosphere which stresses the distinctive "Malibu hippy-bohemian chic" picture with an considerable utilization of hand-hewn hickory pecan wooden. The e-commerce product sales are created via a third-party that gets product sales profits as a swap with regard to working the actual 'True Faith Manufacturer Jeans' web site, taking client purchases as well as satisfying client purchases using their submission middle, exactly where these people maintain the products upon consignment. Within 08, the Customer Immediate section produced internet product sales associated with $75. 3 zillion, composed of 28. 9% in our complete internet product sales. All of us selectively permit the brand as well as logo design to become incorporated upon items offered through others to improve as well as lengthen the real Faith Manufacturer Denim jeans manufacturer. Via licensing alliances, all of us mix the customer understanding, style, as well as advertising abilities using the particular item expertise in our licensing companions to produce, construct as well as increase the item choices in order to style mindful customers. All of us give the item licensees the best to style, produce as well as market from at wholesale prices specific types of items below the brand. We now have the best in order to say yes to or even disapprove the actual licensees' styles, items as well as at wholesale prices clients. Every licensing companion will pay all of us royalties based on it's at wholesale prices product sales associated with items which make use of the brand. Additionally, licensing companions might be asked to set aside some of the product sales income to market the items as well as reveal within the innovative expenses related to these items. The permit routinely have 3 12 months conditions and could give the actual licensee conditional restoration choices. All of us acknowledged $1. four zillion within vips income via the licensing company within 08. At the conclusion associated with 08, the certified products groups had been: shoes, scents, headwear, as well as swim wear.
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